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Blog | DelCotto Law Group

Softening the Standard for Discharge of Student Loan Debt

January 22, 2015
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According to data compiled by the Federal Reserve, national student loan debt in the United States rose an astounding 275% from 2003 ($241 billion) to 2012 ($904 billion).  This surge in student loan debt was no doubt spurred by the economic downturn, as people who lost jobs or […]

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Someone Who Owes Me Money Filed for Bankruptcy

January 20, 2015
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By Jamie L. Harris

Creditors who receive a notice from a debtor in a Chapter 11 bankruptcy case may find the Chapter 11 bankruptcy process overwhelming and confusing.  If someone owes you money that makes you a creditor, and them a debtor.  As a creditor, it is critical […]

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Feasibility: Confirming a Chapter 11 Plan

January 15, 2015
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By Jamie Harris

In order to obtain confirmation of a Chapter 11 plan of reorganization, a plan proponent must demonstrate by a preponderance of the evidence that confirmation of the debtor’s plan is not likely to be followed by the liquidation, or the need for further financial […]

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Tax time

Does Bankruptcy Cover Tax Debt?

January 13, 2015
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By Jamie L. Harris

Does bankruptcy cover tax debt? This is a very common question.

If you are facing tax debt and have been unable to get a payment agreement with the taxing authorities or have defaulted under an existing payment agreement, Chapter 13 bankruptcy may […]

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